To lease a car is to You have $300 and decide to invest $100 per month for the next 3 months The ETF you want to buy costs 25$ for the first month, $20 the second month, and $25 the third month.

1. buy it outright??
2. Finance it.
3. Rent it for a period of time
Which one??

Rebel technology maintains its records using cash-basis accounting. during the year, the company received cash from customers, $43,000, and paid cash for salaries, $23,500. at the beginning of the year, customers owe rebel $1,000. by the end of the year, customers owe $6,600. at the beginning of the year, rebel owes salaries of $5,600. at the end of the year, rebel owes salaries of $3,300. determine cash-basis net income and accrual-basis net income for the year.